The Union of Chambers and Commodity Exchanges of Turkey (TOBB), which is the apex organization representing the private sector in Turkey, assumed the Presidency of the Association of Balkan Chambers (ABC) for the year 2008.

The Association of Balkan Chambers (ABC) is a non-political and non-governmental organization, founded in 1994, aiming at fostering the economic development and the business activities in the Balkans.

Under the Presidency of the Association of Balkan Chambers (ABC), within the context of ABC activities, TOBB hosted the Balkan Economic Summit, which was held under the patronage of the Deputy Prime Minister of Turkey, H. E. Nazım Ekren, on November 26 of 2008, in İstanbul, the glorious city at the crossroads where East meets West.